Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), read with Part A of Schedule III thereto, as amended from ....

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

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₹0.77

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-1.0% vs market

Trading & Distributors peers, median of 127sector+0.7%-0.7% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.7 pts less than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

+0.0+0.3-0.3+0.8-0.8

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-26.0-2.8-23.2-7.8-18.1

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 127Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. Sarang Dinesh Likhitkar (DIN: 10986050) has resigned from the position of Non-Executive Director and Chief Financial Officer of IFL Enterprises Limited, effective September 2, 2025. The reason cited is pre-occupation with other commitments, with no other directorships disclosed. The company has not announced a replacement yet, and the disclosure was filed under SEBI Listing Regulations.

Likely market impact

The simultaneous exit of a director and the CFO creates a key leadership gap, particularly on the financial side, which may raise short-term governance concerns for shareholders. The company will need to appoint a new CFO soon to remain compliant with KMP requirements under the Companies Act.